Thai Hookers, Chinese Bribes: ‘Star Witness’ Ellison Unveils Chaos Behind FTX’s Fake Balance Sheets
BanksterCrime: by Tyler Durden What would a second day of testimony in the FTX trial for Caroline Ellison have been without mentions of identity theft from Thai prostitutes and bribing Chinese officials? Taking the stand on Wednesday, Sam Bankman-Fried’s former…
Megabanks Like the Big Four in the United States Produce Financial Instability and More Severe Crises, Big Bank Collapse Coming
BanksterCrime: By Pam Martens and Russ Martens: It took eight years of research to compile a data set of annual balance sheets of more than 11,000 commercial banks dating back to 1870 in 17 advanced economies. And in every country, the…
After Getting the Largest Bailout in U.S. History in 2008, 85.5 Percent of the $1.34 Trillion in Deposits at Citigroup’s Citibank Lack FDIC Insurance Today
BanksterCrime: By Pam Martens and Russ Martens: Jane Fraser, Citigroup CEO As evidenced by the speech that the FDIC Chair, Martin Gruenberg, delivered at a conference yesterday, the FDIC is very much aware that both the level of uninsured deposits and…
A Public Policy Professor Who Served Under Three U.S. Presidents, Says Jamie Dimon Is an Oligarch and Has “Hijacked the System” He Belong to the Ungodly Club
BanksterCrime: By Pam Martens and Russ Martens: October 4, 2023 ~ Robert Reich Jamie Dimon is the Chairman and CEO of the serially-charged criminal trading operations of JPMorgan Chase, which thanks to the repeal of the Glass-Steagall Act in 1999, is…
WEF: Somebody Has To Be In Charge Of Rationing Freedom
BanksterCrime: That’s why only Central Banks can create digital currencies The Fed recently put out a white paper, Data Privacy for Digital Asset Systems, which contends that the expectation of privacy in digital currencies (read: CBDCs) stems from misunderstanding how digital…
There’s a Trump Era/Charles Koch Big Law Firm Behind the Supreme Court Case that Hopes to Gut the Federal Agency that Fights for the Little Guy
BanksterCrime: By Pam Martens and Russ Martens: Next Tuesday, the U.S. Supreme Court will hear oral arguments in a case that could have far reaching effects on the legislative ability of Congress to have flexibility in how it funds regulatory agencies,…
Five-Count Felon JPMorgan Chase Gets Hit with Another Federal Fine for 40 Million Derivative Violations; Pays 37 1/2 Cents Per Violation
BanksterCrime: By Pam Martens and Russ Martens: In the eyes of Wall Street veterans who are paying close attention to what’s going down at the mega banks on Wall Street, federal regulators are making the crime wave at these banks worse,…
The Collapse of FTX, in Sam’s Own Words
BanksterCrime: As we prepare to hear from the DOJ and Sam Bankman-Fried, here’s what the former crypto executive had to say about FTX’s collapse last year. By Danny Nelson, Nikhilesh De We may not know for weeks whether Sam Bankman-Fried…
CEO Of Worldcoin Says “Something Like World ID Will Eventually Exist… Whether You Like It Or Not”
Right now, it’s about those who voluntarily surrender their biometric data and receive “small sums” in Worldcoin in return for signing up to the World ID scheme. But if Open AI CEO Sam Altman has anything to say about how Worldcoin, a…
Robert Kiyosaki Expects Bitcoin to ‘Become Priceless’ When the Fed Launches Central Bank Digital Currency
BanksterCrime: Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.”…